Thank you! Spread the hash guys

I think you can find one here: https://hamsterpool.com/index.php?page=gettingstarted#how_to_qubit

Wallets

Source: https://github.com/onetimer/onetimer

Windows wallet:
https://mega.co.nz/#!qUQGnBBS!5CBP1rV6j8DHotsIWyFU5HnR7_u72hs9XIHYBvAy3BY



Mining Configuration:

Create a geocoin.conf file in your %AppData% directory (usually c:\Users\username\AppData\Roaming\GeoCoin )

geocoin.conf

rpcuser=geocoinminerman
rpcpassword=secretgeopassword
rpcallowip=127.0.0.1
rpcallowip=192.168.0.*
daemon=1
server=1
listen=1
rpcport=9749
addnode=104.236.52.122

The rpcuser and rpcpassword will be used in the mining command.

Mining:

The qubit algorithm is minable with CPU or GPU hashing power.

GPU
Any sgminer that supports qubit algorithm such as sph-sgminer_x13mod: https://mega.co.nz/#!3ZojVDpD!V2CfUV0rZJSoeHJBSnB4oBoF-2IRhbs_FARxrwVgOxM

Example command:
sgminer -k qubitcoin -o 127.0.0.1:9749 -u geocoinminerman -p secretgeopassword -I 16 -g 4 -w 128 --difficulty-multiplier 256

CPU
Any cpuminer that supports qubit such as https://github.com/ig0tik3d/QubitCoin-cpuminer-v.1.1

Example Command:
minerd -a qubit -o 127.0.0.1:9749 -u geocoinminerman -p secretgeopassword

Sorry guys, someone got to the source code early and mined a bunch of blocks, I'm restarting the blockchain and will launch as soon as that's complete.

Qubit is a secure hasing algorithm that uses 5 rounds of hashing functions (luffa, cubehash, shavite, simd, echo). It is ASIC & FPGA resistant. You can mine qubit using CPU or GPU. Mining rentals don't support qubit because it is so rare.

Hi everyone,

I have gotten a big wave of PMs asking me about the launch so here is the update:

We have compiled and tested GeoCoin with the qubit algorithm and everything is working smoothly. Many blocks have been mined for testing purposes. The wallet is running on multiple unix machines (Qt wallets compiled smoothly on Ubuntu & fedora) and wallets are synced. We are compiling the Windows wallet so we keep an eye on this forum. Launch time will be announced soon.

No, we delayed launch to switch to the rare and fair Qubit mining algorithm. We will launch within a few days, update will be posted here.

Thankfully, ocminer has announced he will be supporting this coin with his pool.

We will post all the mining information here before launch. It is straight forward.

It is great to see another coin with a real purpose. Not a lot of them around these days.

We had to do it so our developers can be paid a little for a lot of work. It is really good for the developers to have some coins because they will work really hard to make those coins valuable. After only 1 month 90% of the coins will be distributed through qubit mining which should allow for a nice distribution. Our vision is long term, many years. I don't really like the idea of taxing people to mine the coin, although I think it would be a suitable solution. If you are uncomfortable with it, wait until you see what we are using the premine for (our developments) before investing or mining.

Thanks

Yes it will take time to switch algos and test. We will launch as soon as we're ready (no ninja, you will have some time if you want to mine at launch). I expect less than a week, that way fartbags will be impressed  .

Update will be posted on this thread.

Will do, and thanks for the support!

After taking some time to review our algorithm choice, we are switching to Qubit. I'm sorry I didn't realize this at the beginning. Launch will likely be delayed until we can switch algorithms. Update will be made on this thread later today. x11 is out, qubit is in.

Thanks to everyone for your comments and helping me come to this realization.

Hi, yes we are science & analysis driven. As a geo-enthusiast, I hold some CKC but unfortunately I don't think they have delivered any geotechnologies yet. I think we should all support integrating new technologies with crypto. People need to stop supporting coins that have no purpose.

I don't think CKC has any GIS developers which would make things really difficult. The only similar thing we have is that we both are developing geocaching technologies. However, this is only 1 geotechnology we are working on and we are taking a very different approach.

How well does FPGA outperform? Do you have any links showing how the FPGAs are used for x11? This coin will be mined over several years.

Hi and thank you for adding your pool, it is on the OP. We are considering switching to Qubit mining algorithm before launch. If we do this, does you pool support qubit?

What algorithm do you guys think is best to start? Maybe qubit is the most fair?

Thanks for your comment. I understand your point of view because there is no regulation and scams are everywhere. Since the developments are just starting up I have nothing to show you to prove we are not a scam. I see how that is risky, we are strangers in an unregulated market. But if it were a scam we would make barely any money. Scammers these days get maybe $5000 if they are a success. We are GIS professionals, we are not poor, there would be no point in scamming for us, would just be a waste of time. We are in this for the long run, to be one of the top coins.

I will be mining and buying the coins up while we develop. Proof will come in time. Best of luck with your investments.

Hi,

We are professional GIS developers and in no way are we bs. If you are uncomfortable with it, don't invest. Investors should feel confident in it.

This is an opportunity for people to get in early before significant developments are made. If you need to see our developments first, then wait until you see them.